NewStream Energy Technologies Group Inc (NSGP)

[trader53]

Some GOOD NEWS for everyone !!!

CCTC is now on the "Buyin Imminent" List.

CCTC has now, as of last Friday, been on the "Naked Short List
for the 13 consecutive days it is allowed, before the shares need to be "delivered".

The next step will be that CCTC will be removed from the Naked Short List, and this WILL be BULLISH ,

....however, a retest of .11c is still possible, to fill the "Open Gap " first. We could also make a low to .097c.

Ultimately, the stock will go back above .42c, IMO.


http://www.buyins.net/tools/short_list.php?dys=>12

Regulation SHO took effect January 3, 2005, and provides a new regulatory framework governing short selling of securities. It was designed with the objective of simplifying and modernizing short sale regulation and providing controls where they are most needed. At the conclusion of each settlement day, data is provided on securities in which: 1) there are at least 10,000 shares in aggregate failed deliveries for the security for five consecutive settlement days, and 2) these failures constitute at least 0.5% of the issuer's total shares outstanding.

http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p79125157745

Regulation SHO mandates that, if a clearing agent has had a fail-to-deliver position for 13 consecutive settlement days, that clearing agent, and the broker/dealer it clears for, must purchase securities to close out its fail to deliver position.